Nvidia Q4 Revenue Soars 73% to $68B, Shares Slide Over 5%
Nvidia posted Q4 revenue of $68.13B, up 73% year-over-year, driven by a $62.3B data center segment (up 75%) and forecasted Q1 revenue of $76.4–79.6B, surpassing analysts. Despite record results and guidance to $78B for April, shares fell over 5% as investors questioned AI profitability and flagged potential supply constraints.
1. Record Q4 Revenue and Segment Growth
Nvidia reported Q4 revenue of $68.13 billion, up 73% year-over-year, with data center revenue reaching a record $62.3 billion (up 75%) and gaming and AI PC revenue of $3.7 billion (up 47%).
2. Bullish Q1 Guidance and Capacity Preparedness
Management guided Q1 revenue between $76.44 billion and $79.56 billion, well above consensus, and stated it has secured the inventory and production capacity needed to meet demand for several quarters, though it warned gaming segment constraints could persist.
3. Share Reaction and Investor Concerns
Shares declined more than 5% after the report as investors weighed doubts over sustaining elevated gross margins, questioned long-term AI profitability amid rising oil and bond market volatility, and reacted to broader semiconductor sector weakness.